• Title/Summary/Keyword: SmartFactory

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Impact of Digital Transformation on Business Performance: Moderating Role of Innovation Resistance and Organizational Characteristics

  • Jin-Kwon KIM;Min-Chul KIM;Tony-DongHui AHN
    • The Journal of Economics, Marketing and Management
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    • v.12 no.4
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    • pp.65-76
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    • 2024
  • Purpose: This study aims to identify the relationship between SMEs' digital transformation capabilities, smart factory utilization, and management performance. It also aims to suggest how companies strategically utilize smart factories to achieve a competitive advantage and sustainable growth through empirical analysis of differences in innovation resistance and organizational characteristics. Research design, data, and methodology: This study Implement for SME's building smart factories did. The survey was conducted for 90days from October 1st, 2023 to December 31th, 2023. Total of 210 surveys were collected, and 186 surveys, excluding ones with missing value and outliers (64 surveys), were used. Results: The results of the empirical analysis based on previous research are as follows. First, digital transformation capabilities such as digital technology, digital leadership, and digital strategy affect smart factory utilization. Second, smart factory use affects operational performance. Third, innovation resistance has a moderating effect in the relationship with digital transformation capabilities, smart factory utilization, and management performance. Fourth, organizational characteristics have a moderating effect in the relationship with digital transformation capabilities, smart factory utilization, and management performance. Conclusions: Explore strategic ways to improve your organization's digital transformation capabilities. It is necessary to establish a strategy to make organizational members aware of the necessity and importance of introducing a new system through centralization of the organization.

Korean Multinational Corporations' Global Expansion Strategies in Manufacturing Sector: Mother Factory Approach

  • Yong Ho Shin
    • International Journal of Internet, Broadcasting and Communication
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    • v.16 no.1
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    • pp.269-279
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    • 2024
  • The study explores the evolving landscape of overseas expansion strategies by Korean corporations, focusing on recent geopolitical tensions, the COVID-19 pandemic, and disruptions in global supply chains. It emphasizes the challenges faced by industries producing high-value products and delves into the concept of "Friend-Shoring" policies in the United States, leading major Korean companies to invest in local semiconductor, battery, and automotive factories. Recognizing the potential fragmentation of Korea's manufacturing sector, the paper introduces the "Mother Factory" strategy as a policy initiative, inspired by Japan's model, to establish core production facilities domestically. The discussion unfolds by examining the cases of major companies in Japan and the United States, highlighting the need for Korea to adopt a mother factory strategy to mitigate risks associated with friend-shoring policies. Inspired by Intel's "Copy Exactly" approach, the paper proposes a Korean mother factory model integrating smart factory technology and digital twin systems. This strategic shift aims to enhance responsiveness to geopolitical challenges and fortify the competitiveness of Korean high-tech industries. Finally, the paper proposes a Korean Mother Factory based on smart factory concepts. The suggested model integrates smart factory technology and digital twin frameworks to enhance responsiveness and fortify competitiveness. In conclusion, the paper advocates for the adoption of a comprehensive Korean Mother Factory model to address contemporary challenges, foster advanced manufacturing, and ensure the sustainability and competitiveness of Korean high-tech industries in the global landscape. The proposed strategy aligns with the evolving dynamics of the manufacturing sector and emphasizes technological advancements, collaboration, and strategic realignment.

Smart Factory as a Set of Essential Technologies of 4th Industrial Revolution (4차 산업혁명 요소기술 집합체로써의 스마트팩토리)

  • Seo, Dayoon;Bae, Sung Min
    • Journal of Institute of Convergence Technology
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    • v.7 no.2
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    • pp.21-23
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    • 2017
  • Smart Factories could be regarded as a result of the integration of various key technologies of the fourth industrial revolutions. In smart factory, the IoT (Internet of things) is applied to capture the data generated by the production facility, store and analyze data generated in real time using Big Data technology. In addition, 3D printers are used to print expensive and complex parts, industrial robots supply materials and parts to the production site, store finished products in warehouses. In this paper, we introduced the definition of smart factory and change of job market. Also, we summarize several national policies to support enhancing transformation process of smart factory.

Measures to Improve the Promotion System in the Smart Factory Promotion Process

  • Lee, Seong-Hoon;Lee, Dong-Woo
    • International Journal of Internet, Broadcasting and Communication
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    • v.14 no.4
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    • pp.206-211
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    • 2022
  • Recently, the world is facing many difficulties in all areas as a result of price instability and the Russian-Ukraine war. Personally, as many jobs disappear, household income is declining sharply. In particular, the possibility of such bankruptcies is relatively increasing in small and medium-sized enterprises (SMEs), and it is highly likely that this will continue for the time being. In this situation, countries around the world are continuously making efforts to improve corporate productivity. In Korea, the smart factory support project implemented by the Smart Manufacturing Innovation Promotion Team has been continuously promoted for the past several years, providing opportunities for SMEs in need to improve productivity and change the corporate structure. In this study, the current status of smart factory promotion at home and abroad was examined, and problems and improvement measures were studied for the insufficient efficiency in the smart factory promotion system implemented in Korea.

Smart Service System-based Architecture Design of Smart Factory (스마트 서비스 시스템 기반 스마트 팩토리 아키텍처 설계)

  • Lee, Heeje;Lee, Joongyoon
    • Journal of the Korean Society of Systems Engineering
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    • v.13 no.2
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    • pp.57-64
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    • 2017
  • A new paradigm based on distributed manufacturing services is emerging. This paradigm shift can be realized by smart functions and smart technologies such as Cyber Physical System (CPS), Artificial Intelligence (AI), and Cloud Computing. Most architectures define stack levels from Level 0 (equipment) to Level 4 (business area) and specify the services to be provided between them. Because of their a rough technical specification, there is a limitation on how to actually utilize a technology to actually implement a smart factory service with this architecture. In this paper, we propose a smart factory architecture that can be utilized directly from the perspective of a smart service system by making the use of System Engineering Process and System Modeling Language (SysML).

The Impact of the Quality Factor of Smart Factory on the Intention to accept Advance Smart Factor: Mediating Effect of Perceived Value and Smart Factory Performance (스마트 팩토리 품질요인이 스마트 팩토리 고도화 의도에 미치는 영향: 지각된 가치 및 스마트 팩토리 성과의 매개효과)

  • Lee, Sangwon
    • The Journal of the Korea Contents Association
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    • v.22 no.5
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    • pp.367-382
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    • 2022
  • This study examined the impact of smart factory's quality factors on the intention to accept Advance Smart Factory(ASF) by mediating Perceived Value(PV) and Smart Factor Performance(SFP) of domestic SMEs that had introduced smart factor. As a result, First, Information Quality(IQ) and Service Quality(SQ) had a significant positive impact on Perceived Value(PV). Second, System Quality(SysQ), IQ, and SQ had a significant positive impact on SFP. Third, PV had a significant positive impact on intention to ASF, and PV and SFP had a significant positive impact on the intention to accept ASP. Also, PV had a mediating effect between SysQ, IS and Perfromance, and PV and Performance had a moderation between SQ and ASF. These results could provide one implication to SMEs that are taking into account to improve their smart factor to be advanced.

Policy Suggestions on the Smart Factory Based on the Survey Results from Smart Factory Suppliers (스마트공장 공급기업 설문조사를 바탕으로 한 스마트공장 정책 제언)

  • Yoon, Yeong-Ho;Lee, Jin;Lee, Eunbin;Moon, Bo-Myeong;Seo, Ji-Hyung;Lee, Jeongcheol;Chang, Tai-Woo;Sung, Siil
    • Journal of Korean Society for Quality Management
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    • v.48 no.1
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    • pp.1-11
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    • 2020
  • Purpose: This paper treats the survey result from the suppliers of smart factories. Based on the survey results, it is provided suggestions about government policies of the smart factory. Methods: For providing political suggestions, the survey of smart factory is conducted. The survey results are analyzed by the correlation and association methods based on the stratification. Results: The survey results are analyzed for extracting policy-level suggestions. Multiple policy-level suggestions are identified and presented in the conclusion. Conclusion: Six policy-level suggestions are presented for enhancing the management efficiency of suppliers of smart factory.

Case Study on Security Enhancement of Smart Factory (스마트팩토리 도입 기업의 보안강화 사례 연구)

  • Bae, Chun-sock;Goh, Sung-cheol
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.29 no.3
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    • pp.675-684
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    • 2019
  • Under the wave of the Fourth Industrial Revolution, developed countries around the world recognize Smart Factory as a core base and strive to enhance the nation's industrial competitiveness through related policies and industry development. Domestic ministries have also set up a strategy for manufacturing innovation 3.0 and are pushing for the expansion of smart factories with 30,000 targets by 2025. In this study, we analyze the practical cases of smart factory security related companies and present the application methods for the same industry. we also intend to contribute to the protectetion of important information in Smart Factory and stable operation.

Analyzing Technological Trends of Smart Factory using Topic Modeling

  • Hussain, Adnan;Kim, Chulhyun;Battsengel, Ganchimeg;Jeon, Jeonghwan
    • Asian Journal of Innovation and Policy
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    • v.10 no.3
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    • pp.380-403
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    • 2021
  • Recently, smart factories have gained significant importance since the development of the fourth industrial revolution and the rise of global industrial competition. Therefore, the industries' survival to meet the global market trends requires accurate technological planning. Although, different works are available to investigate forecasting technologies and their influence on the smart factory. However, little significant work is available yet on the analysis of technological trends concerning the smart factory, which is the core focus herein. This work was performed to analyze the technological trends of the smart factory, followed by a detailed investigation of recent research hotspots/frontiers in the field. A well-known topic modeling technique, namely Latent Dirichlet Allocation (LDA), was employed for this study described above. The technological trends were further strengthened with the in-depth analysis of a smart factory-based case study. The findings produced the technological trends which possess significant potential in determining the technological strategies. Moreover, the results of this work may be helpful for researchers and enterprises in forecasting and planning future technological evolution.

Structural Framework to Measure Smart Technology Capability for Smart Factory of Manufacturing Fields

  • CHUI, YOUNG YOON
    • Journal of the Korea Management Engineers Society
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    • v.23 no.4
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    • pp.165-177
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    • 2018
  • Smart technology has been utilized in various fields of all kinds of industries. Manufacturing industry has built its smart technology environment appropriate for its manufacturing fields in order to strengthen its manufacturing performance and competitiveness. The advance of smart technology for manufacturing industry needs to efficiently produce products, and response customer's demands and services in a global industrial environment. The smart technology capability of manufacturing fields is very crucial for the innovative production and efficient operation activities, and for efficient advancement of the manufacturing performance. We have necessitated a scientific and objective method that can gauge a smart technology ability in order to manage and strengthen the smart technology ability of manufacturing fields. This research provides a comprehensive framework that can rationally gauge the smart technology capability of manufacturing fields for effectively managing and advancing their smart technology capabilities. In this research, we especially develop a structural framework that can gauge the smart technology capability for a smart factory of manufacturing fields, with verifying by reliability analysis and factor analysis based on previous literature. This study presents a 13-item framework that can measure the smart technology capability for a smart factory of manufacturing fields in a smart technology perspective.